What are some examples of business value creation through AI/Machine Learning?
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Is it feasible that a ChatGPT AI tool could be used to use an existing on-line application system to make applications using data supplied to it? For example, if there is a public service website where citizens make applications for public services; e.g. birth registration. What security issues should I consider if I become aware that such a tool is in place?
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IT Manager in Healthcare and Biotech
One of the elements that's top of mind for me in this question is where we are storing all of the sensitive data we're collecting via AI? If we're using a tool pulled from ChatGPT have we pre-vetted all "worst ...read moreCost structure25%
Lack of in-house skills to migrate / deploy / manage workloads on cloud52%
Security / governance compliance concerns17%
Lack of performance or features that you have on-prem but not the cloud4%
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Do you think AI technology will take away jobs?
Yes56%
No (instead creates opportunities)36%
Neutral8%
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I agree with you Anil. It is amazing how this technology can be applied to every aspect of the value chain in your industry. From investment solutions, trade, risk management solutions and most of the transactional payments cycle. How do you see the predictive elements of signalling alerts through data matching analytics and surveillance capabilities in monitoring aberrant behaviour changing workflows in the future? Primarily with chargebacks while trading online?
Excellent insights and perspective, Anil.
It's applying the same thinking as you noted Anil within financial services fraud of finding irregularities in the data, but just applied in the context of ad spending.
I'm certainly not a naysayer but the inconvenient truth is ML/AI are still nascent and emerging technologies with an Achilles heel, the inherent biases in data used to build their models.
Also near equivalent alternatives based on search requests can occasionally provide good alternatives